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  • 1985-1989  (6)
  • Atkinson, Paul  (3)
  • Richardson, Pete  (3)
  • Paris : OECD Publishing  (5)
  • London [u.a.] : Routledge  (1)
  • 1
    Book
    Book
    London [u.a.] : Routledge
    ISBN: 0415045177
    Language: English
    Pages: X, 273 S.
    Edition: Repr.
    RVK:
    RVK:
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  • 2
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 41 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.46
    Keywords: Economics
    Abstract: This paper summarizes recent empirical studies contributing towards the OECD Secretariat INTERLINK world macroeconomic model. For a number of topics, it reviews work which is described in more detail in recent Economics and Statistics Department Working Papers. It also covers a number of areas where recent changes have been relatively less substantial in terms of changes in model structure, but nonetheless influential in the evolution of model properties. A final section reviews current Secretariat macroeconometric modelling work which is yet to be implemented in the model and also discusses possible future developments. A separate companion paper, ESD Working Paper No. 47, analyses the single- and multi-country simulation properties of a recent version of the model, one which includes most of the research reported here ...
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  • 3
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 77 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.47
    Keywords: Economics
    Abstract: This paper reviews the simulation properties of a recent version of the OECD Secretariat's international macroeconomic model, INTERLINK, a version which embodies much of the empirical work reported in recent Working Papers and summarised in a separate companion paper ESD Working Paper No. 46. The material presented is intended to provide a general overview of model properties and some of the key mechanisms involved ...
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  • 4
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.38
    Keywords: Economics ; United States
    Abstract: This paper provides an analysis of the recent evolution of the U.S. current account external deficit in the context of the OECD Secretariat world model, INTERLINK. It seeks to assess to what extent developments in the U.S. current balance since 1980 might be viewed as being surprising, at least by the standards of the relationships embodied in the current U.S. trade block of that model ...
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  • 5
    Language: English
    Pages: 45 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.32
    Keywords: Economics
    Abstract: This paper reassesses, in the light of recent experience, the formulation of monetary policy in terms of targets for monetary aggregates in the major countries. A number of difficulties which have arisen are discussed: instability of the money-income relationship; constraints created by fiscal imbalances; exchange rate variability, as well as debt problems and threats to banks' solvency. The responses of monetary authorities to these difficulties are described and some possible options for the formulation of monetary policy in the future are considered (including nominal income and exchange rate targeting) ...
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  • 6
    Language: French
    Pages: 89 p. , 21 x 29.7cm
    Series Statement: OECD Economics Department Working Papers no.21
    Keywords: Economics
    Abstract: Ces dernières années, le niveau des taux d'intérêt réels est apparu relativement élevé dans la plupart des pays de l'OCDE. Cela n'a pas empêché la reprise économique de se développer (à un rythme plus rapide aux Etats-Unis et au Japon qu'en Europe) pas plus qu'il n'y a eu, semble-t-il, d'effets réellement défavorables sur les investissements des entreprises, en forte progression dans certains pays (les Etats-Unis et le Royaume-Uni par exemple). Cependant, on peut craindre que la persistance de taux réels élevés ne contribue à ralentir l'activité économique. En outre, le niveau élevé des taux d'intérêt -- tant nominaux que réels -- a aggravé les difficultés d'un certain nombre de pays en développement lourdement endettés, affectant ainsi défavorablement les exportations des pays de l'OCDE et menaçant la solidité du système bancaire international. De ce fait, cette situation constitue un sujet de préoccupation quasi général. L'étude qui suit aborde une série de questions soulevées par le ...
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